Written By Lexx Thornton The proliferation of advanced artificial intelligence tools is enabling a surge in white-collar fraud, with employees increasingly using AI image generators from companies like Google and OpenAI to create and submit sophisticated fake expense receipts, according to a recent report by the Financial Times. The new technology has rapidly created a major headache for corporate finance departments. Software providers that monitor corporate expenses are reporting a dramatic rise in AI-generated fraud: AppZen, a software provider, revealed that fake AI receipts accounted for approximately 14% of all fraudulent documents submitted last month. The company noted that zero
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